NETHERLANDS: Wessanen to sell off frozen snacks arm Izico

Royal Wessanen hopes to sell off IZICO so it can focus on other areas of the business

Dutch food firm Wessanen has announced it is to sell frozen snacks unit Izico.

Wessanen said Izico was a "non-core activity". It wants to sell the business, which sells snacks under the Beckers and Bicky brands, as well as private label, at a "sensible speed", athough the company said no specific time-frame has been determined.

Wessanen is looking to focus more on the natural and organic sector. Its portfolio includes brands like Kallo rice cakes and Whole Earth peanut butter.

Royal Wessanen NV (Wessanen) is a Netherlands-based developer, producer and distributor of natural and specialty food products. It offers health foods and premium taste foods such as organic, vegetari...